Filing Details

Accession Number:
0001327811-23-000181
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-10-10 20:08:59
Reporting Period:
2023-10-05
Accepted Time:
2023-10-10 20:08:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1327811 Workday Inc. WDAY Services-Computer Processing & Data Preparation (7374) 202480422
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1598140 James Bozzini C/O Workday, Inc.
6110 Stoneridge Mall Road
Pleasanton CA 94588
Coo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2023-10-05 4,893 $205.41 134,225 No 4 S Direct
Class A Common Stock Disposition 2023-10-05 32 $206.44 134,193 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 101,714 Indirect By the Bozzini Revocable Trust dtd 5/10/2004
Class A Common Stock 5,077 Indirect By the Bozzini Irrevocable Trust dtd 7/12/2012 FBO Child 1
Class A Common Stock 5,077 Indirect By the Bozzini Irrevocable Trust dtd 7/12/2012 FBO Child 2
Class A Common Stock 5,077 Indirect By the Bozzini Irrevocable Trust dtd 7/12/2012 FBO Child 3
Class A Common Stock 39,456 Indirect 2022 GRAT 3
Class A Common Stock 39,456 Indirect 2022 GRAT 4
Class A Common Stock 29,826 Indirect By JEM Cooperative, LLC
Footnotes
  1. The sales reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs). These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
  2. The price reported is a weighted average price. These shares were sold as part of a block trade for multiple security holders of Workday, Inc. in multiple transactions at prices ranging from $203.43 to $208.85, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 2 with regard to the block trade.
  3. Includes 101,412 RSUs, each of which entitle the Reporting Person to receive one share of Class A Common Stock upon settlement. All grants are subject to the Reporting Person's continued service with the Issuer on the applicable vesting dates.
  4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $206.39 to $206.4574, inclusive. The Reporting Person undertakes to provide to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote of this Form 4.
  5. The shares are held in a grantor retained annuity trust, of which the Reporting Person is the sole trustee, grantor, and recipient of annuity payments.
  6. The shares are held in a grantor retained annuity trust, of which the Reporting Person's spouse is the sole trustee, grantor, and recipient of annuity payments.
  7. These shares are owned directly by JEM Cooperative, LLC (the LLC). The Reporting Person is a co-manager of the LLC. The LLC is owned by three irrevocable trusts for which the Reporting Person's children are the beneficiaries.